East West Freight Carriers Ltd enters into service contract with Hansgrohe India Pvt Ltd

East West Freight Carriers Limited (EWFCL) has entered into service contract with Hansgrohe India Pvt Ltd which is one of the World's leading manufacturer of premium bathroom fittings and kitchen taps and sinks.

Hansgrohe India Pvt Ltd - is and leader in innovation, design, and quality of premium bathroom fittings, kitchen taps and sinks. They manufactures, markets and distributes showers, shower systems, bathroom and kitchen faucets, bathroom accessories, furniture, sanitary ceramics and kitchen sinks worldwide under the "hansgrohe" brand.

Hansgrohe India Pvt Ltd has partners with East West Freight Carriers Limited (EWFCL) and has entered into Logistics Service support agreement.

This Logistic Support service contract with Hansgrohe India Pvt Ltd is expected to generate revenue of approx. INR - 2.5 crores

Mr. Ajaz Shafi Mohammed - Managing Director & CEO said that "We are proud to be associated with such a reputed Brand which cater to high end premium customers around the globe and it's our continuous endeavour to add more such reputed clients to our chentele by providing quality service."

Shares of East West Freight Carriers Ltd was last trading in BSE at Rs. 5.39 as compared to the previous close of Rs. 5.94. The total number of shares traded during the day was 1103102 in over 963 trades.

The stock hit an intraday high of Rs. 6.10 and intraday low of 5.15. The net turnover during the day was Rs. 5993756.00.

Source : Equity Bulls

Keywords

EastWestFreightCarriers INE595R01023 TransportationLogistics OrderWin Contract HansgroheIndia